Research Institute For Home Care
- Assets
- $640.3k
- Revenue
- $282.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 26-2916588
Organization Overview
Research Institute For Home Care is located in Washington, DC. The organization was established in 2009. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Research Institute For Home Care is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Research Institute For Home Care generated $282.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $320.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Research Institute For Home Care has awarded 15 individual grants totaling $734,475. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF RESEARCH INSTITUTE FOR HOME CARE ("THE INSTITUTE") IS TO LEAD AND SUPPORT RESEARCH AND EDUCATION ON THE VALUE HOME HEALTH CARE CAN OFFER TO PATIENTS AND THE U.S. HEALTH CARE SYSTEM. WORKING WITH RESEARCHERS, KEY EXPERTS AND THOUGHT LEADERS, AND PROVIDERS AND STAKEHOLDERS ACROSS THE SPECTRUM OF CARE, WE STRIVE TO FOSTER SOLUTIONS THAT WILL IMPROVE HEALTH CARE IN AMERICA. THE INSTITUTE'S VISION IS TO DEFINE THE FUTURE OF HEALTH CARE AT HOME THROUGH RESEARCH, EDUCATION, QUALITY, AND INNOVATION THAT SUPPORTS HEALTHY PATIENTS AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND DATA ANALYSIS: PART OF THE INSTITUTE'S MISSION IS TO SPONSOR RESEARCH AND DATA ANALYSIS ON THE VALUE OF HOME CARE. THE INSTITUTE AWARDED ONE NEW GRANT IN 2022. THE INSTITUTE ISSUED A TOTAL OF NINE GRANTS THROUGH 2022, WITH FIVE ACTIVE IN 2022.
COMMUNICATION AND EDUCATION: THE INSTITUTE'S MISSION ALSO INCLUDES EDUCATION ON THE VALUE OF HOME CARE. THE INSTITUTE ENGAGED IN COMMUNICATIONS ABOUT THE FUTURE OF HOME HEALTH CARE IN TRADITIONAL AND SOCIAL MEDIA, WEBINARS, AND SPEAKING ENGAGEMENTS FOR INSTITUTE EXECUTIVE DIRECTOR ON DATA AND THE VALUE OF HOME CARE.
QUALITY AND INNOVATION: THE INSTITUTE ENGAGED IN QUALITY AND INNOVATION RELATED INITIATIVES AS PART OF ITS MISSION. IN ADDITION, THE INSTITUTE MADE REVISIONS TO THE HOME CARE CHARTBOOK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Doyle Chairman | OfficerTrustee | 1 | $0 |
J Mark Baiada Treasurer | OfficerTrustee | 1 | $0 |
Donald Stelly Secretary | OfficerTrustee | 1 | $0 |
Jennifer Sheets Director | Trustee | 1 | $0 |
Kathleen Gilmartin Director | Trustee | 1 | $0 |
William Dombi Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Schmidt Public Affairs Consulting | 12/30/15 | $106,870 |
Avalere Health Llc Consulting | 12/30/15 | $105,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $281,250 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $281,250 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $282,750 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,686 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $118,283 |
| Compensation of current officers, directors, key employees. | $18,925 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,469 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,130 |
| Fees for services: Accounting | $21,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,646 |
| Advertising and promotion | $0 |
| Office expenses | $10,069 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,558 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,621 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,852 |
| All other expenses | $0 |
| Total functional expenses | $320,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $616,654 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,900 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $640,304 |
| Accounts payable and accrued expenses | $16,370 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,370 |
| Net assets without donor restrictions | $623,934 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $640,304 |
Grants Awarded
Over the last fiscal year, Research Institute For Home Care has awarded $154,792 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE JOHNS HOPKINS UNIVERSITY PURPOSE: CONDUCT RESEARCH STUDY ENTITLED CHALLENGES AND BEST PRACTICES IN DELIVERING FAMILY CAREGIVER TRAINING DURING MEDICARE HOME HEALTH. | $38,687 |
L&M POLICY RESEARCH LLC PURPOSE: CONDUCT RESEARCH STUDY ENTITLED LAYING THE GROUNDWORK FOR STUDYING IMPACT: EMPIRICALLY DEFINING FRONTLOADING THROUGH AN ANALYSIS OF HOME HEALTH VISITS, 2008 TO 2016. | $38,610 |
THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK PURPOSE: CONDUCT A RESEARCH STUDY ENTITLED HOME HEALTH AGENCIES IN THE CHANGING POLICY ENVIRONMENT. | $32,495 |
THE JOHNS HOPKINS UNIVERSITY PURPOSE: CONDUCT RESEARCH STUDY ENTITLED COMMUNICATION AND CARE COORDINATION BETWEEN HOME HEALTH CARE AGENCIES AND CLINICIANS WITH PROVIDERS WHO ORDER AND CERTIFY HOME HEALTH CARE SERVICE. | $45,000 |